Jocil revenue dropped on 13.7% in 2015
25-05-2015 • About Jocil (
$JOCIL) • By InTwits
Jocil reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts: Jocil is a company in decline: FY2015 revenue growth was -13.7%, 5 years revenue CAGR was -3.5%.
Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Jocil ($JOCIL) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 3,830 | 3,915 | 4,076 | 3,722 | 3,213 | -13.7% |
| EBITDA | 355 | 296 | 367 | 264 | | -100.0% |
| Net Income | 194 | 125 | 146 | 113 | 131 | 15.7% |
Balance Sheet
|
|---|
| Cash | 38 | 13 | 45 | 74 | | -100.0% |
| Short Term Debt | 453 | 305 | 357 | 121 | | -100.0% |
| Long Term Debt | 29 | 0 | 0 | 0 | | |
Cash flow
|
|---|
| Capex | 220 | 138 | 85 | | | |
Ratios
|
|---|
| Revenue growth | -0.3% | 2.2% | 4.1% | -8.7% | -13.7% | |
| EBITDA growth | 0.8% | -16.5% | 23.8% | -28.1% | | |
| EBITDA Margin | 9.3% | 7.6% | 9.0% | 7.1% | 0.0% | -7.1% |
| Net Income Margin | 5.1% | 3.2% | 3.6% | 3.0% | 4.1% | 1.0% |
| CAPEX, % of revenue | 5.7% | 3.5% | 2.1% | | | 0.0% |
| ROIC | 16.4% | 10.3% | 12.6% | 8.4% | | -8.4% |
| ROE | 17.3% | 10.1% | 11.1% | 8.2% | | -8.2% |
| Net Debt/EBITDA | 1.2x | 1.0x | 0.8x | 0.2x | | -0.2x |
Revenue and profitability
The company's Revenue dropped on 13.7% in FY2015.
Net Income marign increased slightly on 1.0 pp from 3.0% to 4.1% in FY2015.
Appendix 1: Peers in
Below you can find Jocil benchmarking vs. other companies in industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Bharat Rasayan ($BHARATRA) | -82.3% | 51.3% | 32.1% | 92.7% | |
| Indbulbbph ($INDBULBBPH) | | -3.2% | -6.5% | 33.5% | 49.2% |
| Uplbbph ($UPLBBPH) | | 33.2% | 19.7% | 17.3% | 10.9% |
| Ginni Filaments ($GINNIFIL) | | 2.8% | 4.6% | 16.6% | -2.3% |
| Monetbbph ($MONETBBPH) | -58.7% | 22.3% | 3.7% | 11.6% | |
| |
|---|
| Median (17 companies) | -41.0% | 17.7% | 10.8% | 4.2% | 10.0% |
|---|
| Jocil ($JOCIL) | | 2.2% | 4.1% | -8.7% | -13.7% |
Top companies by Gross margin, %
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Jenson & Nicholson Financial Services ($JNFSL) | | 0.0% | 0.0% | 0.0% | 0.0% |
| Bombay Drugs & Pharmas ($BOMDRDM) | | 0.0% | 0.0% | 0.0% | 0.0% |
| Southern Herbals ($SOUTHNHE) | | 0.0% | 0.0% | 0.0% | 0.0% |
| Tafnccpeq ($TAFNCCPEQ) | | 0.0% | 0.0% | 0.0% | 0.0% |
| |
|---|
| Median (4 companies) | | 0.0% | 0.0% | 0.0% | 0.0% |
|---|
Top companies by EBITDA margin, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Paushak ($PAUSHAK) | | | | | 25.6% |
| The United Nilgiri Tea Estates Company ($UNITEDTEA) | | | | | 24.7% |
| Indbulbbph ($INDBULBBPH) | 27.9% | 36.7% | 34.6% | 29.5% | 23.5% |
| Uplbbph ($UPLBBPH) | 18.8% | 18.2% | 18.3% | 18.8% | 20.0% |
| Indian Metals & Ferro Alloys ($INDMETA-B) | 33.0% | 20.4% | 21.4% | 23.2% | 17.9% |
| |
|---|
| Median (14 companies) | 14.8% | 15.4% | 13.7% | 14.7% | 10.9% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Jklakbbph ($JKLAKBBPH) | 23.6% | 28.5% | 28.8% | 24.6% | 23.6% |
| Rilbbph ($RILBBPH) | 12.7% | 4.6% | 7.7% | 13.8% | 16.9% |
| Gkw ($GKW) | | | | | 15.5% |
| Paushak ($PAUSHAK) | | | | | 12.3% |
| The United Nilgiri Tea Estates Company ($UNITEDTEA) | | | | | 8.8% |
| |
|---|
| Median (12 companies) | 6.3% | 8.9% | 5.2% | 3.8% | 5.8% |
|---|
Top companies by ROIC, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Kaleconbbph ($KALECONBBPH) | | | 89.0% | 103.8% | |
| Madras Fertilizers ($MADRASFERT) | 52.6% | 44.7% | 18.0% | 23.9% | |
| Bharat Rasayan ($BHARATRA) | 10.0% | 22.1% | 13.7% | 21.9% | |
| Ginni Filaments ($GINNIFIL) | 11.6% | -1.0% | 15.2% | 21.6% | 12.8% |
| Uplbbph ($UPLBBPH) | 16.3% | 17.1% | 15.9% | 18.2% | 22.1% |
| |
|---|
| Median (28 companies) | 10.1% | 8.4% | 5.8% | 5.3% | 5.3% |
|---|
| Jocil ($JOCIL) | 16.4% | 10.3% | 12.6% | 8.4% | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Monetbbph ($MONETBBPH) | 5.3x | 9.8x | 16.3x | 27.4x | |
| Asleyf ($ASLEYF) | 2.0x | 2.5x | 5.0x | 17.8x | 5.0x |
| Indbulbbph ($INDBULBBPH) | 8.5x | 4.3x | 4.8x | 5.5x | 9.6x |
| Jklakbbph ($JKLAKBBPH) | 3.0x | 2.1x | 2.3x | 5.3x | 5.5x |
| Madras Fertilizers ($MADRASFERT) | 5.5x | 3.5x | 6.5x | 5.0x | |
| |
|---|
| Median (16 companies) | 1.8x | 2.1x | 2.5x | 2.7x | 3.7x |
|---|
| Jocil ($JOCIL) | 1.2x | 1.0x | 0.8x | 0.2x | |
